[Curve] Ownership DAO Vote ID: 1424

By 0x7240…b5Bf·3h left

🟢 LOW

AI Summary

Plain-English read of the proposal — link to the full text below.

This proposal seeks to add a new gauge for the crvUSD/sVUSD stablecoin pool on the Curve platform. A gauge is a mechanism that allows liquidity providers to earn CRV rewards for staking their liquidity tokens. This specific gauge will be an official one, meaning it will be eligible for CRV emissions.

Impact: If passed, liquidity providers for the crvUSD/sVUSD pool will be able to earn CRV rewards, potentially increasing the pool's liquidity and trading volume. This benefits users of the sVUSD stablecoin and the Curve ecosystem by expanding its offerings. There are no direct financial losses for any specific group.

Read full proposal on Snapshot ↗

Full proposal

Original markdown from Convex

Quorum: 6.60m CVX

Add a gauge for the following stableswapNG pool: crvUSD/sVUSD on Mainnet (vetro.org)

Action 1

To: Curve Gauge Controller Function: AddGauge Gauge: 0x543c88e9B7Bd90a4C14A31bdbf41dD509Ab666eD (https://etherscan.io/address/0x543c88e9B7Bd90a4C14A31bdbf41dD509Ab666eD) Type: Ethereum Chain Weight: 0 Is official gauge? ✅Yes!✅

Voting results

yes14.78M (100.0%)

no0 (0.0%)

14.78M CVX voted · 8 voters

🐳 Whale votes

2 votes > 5% VP

0x52ea…87dc

2d ago

9.46M

64.0% · yes

0x947b…0277

1d ago

5.27M

35.7% · yes